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Absa Corporate and Investment Bank is the investment banking division of Absa Bank Limited and member of Barclays. It's a leading South African investment bank with global reach and offers clients financing, risk management and advisory solutions in a wide range of currencies and structures across the globe.

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Retirement Annuity

The outputs of this calculator are based on real returns (after inflation). Future investment values that include inflation are difficult to understand as they do not represent the current purchasing power. Simply toggle the sliders below to reflect your current retirement plan details. Once your details are captured, your retirement savings result will be pre-populated.

S&P GIVI SA Resource 15 Exchange Traded Fund

The S&P GIVI (Global Intrinsic Value Index) South Africa Resource 15 ETF replicates the price performance of the S&P GIVI South Africa Resource 15 Index, an Index designed to reflect an alternative beta strategy for the South African market. The S&P GIVI indices are a systematic, rules-driven family of indices that combine two factors: low volatility and intrinsic value.

The S&P GIVI South Africa Resource 15 Index represents fifteen stocks from the S&P GIVI South Africa composite having a GICS sector classification of energy or materials with the highest intrinsic value subject to the following constraints:

Stocks must have a minimum total market capitalization of R 10 billion

Stocks must have a minimum average daily traded value of R 15 million

Preferred stocks are excluded from the index

The maximum weight of each stock in the index is capped at 30%

Benefits for investors

Diversified exposure to fifteen largest energy or materials stocks selected by intrinsic value